Progress
Bank Of Baroda invites bids for Safes (V2) as per IS 550 (Q2) in BANGALORE, KARNATAKA. Quantity: 22. Submission Deadline: 30-12-2024 15: 00: 00. Submit your proposal before the deadline.
Quantity
22
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
22
OEM Avg. Turnover
176
Past Performance
50 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V2) as per IS 550 (Q2)
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
GEM_CATEGORY_SPECIFICATION
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Extended Deadline
06-Jan-2025, 8:30 am
Opening Date
06-Jan-2025, 9:00 am
Extended Deadline
02-Jan-2025, 1:30 pm
Opening Date
02-Jan-2025, 2:00 pm
Extended Deadline
02-Jan-2025, 10:30 am
Opening Date
02-Jan-2025, 11:00 am
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about KARNATAKA tender market
The eligibility requirements include being a registered entity, having a minimum of 3 years of past experience in supplying similar products to government organizations, and demonstrating an average annual turnover of ₹22 lakhs over the past three years.
Bidders must provide certificates that include the OEM authorization certificate, proof of average turnover cum civil documentation from the Chartered Accountant, and any additional documentation requested in the Acceptable Terms and Conditions (ATC).
Bidders must register through the GeM portal and furnish the required documentation as outlined in the tender. This includes uploading necessary financial, technical, and eligibility documentation for review by the evaluation committee.
Documents should be uploaded in widely accepted formats such as PDF, JPG, and DOCX. All documents must be clearly legible and maintained as per GeM submission requirements.
The safes must comply with specifications that include certification under the BIS, material requirements, lock classifications, and internal fixtures as laid out in the tender documents.
The quality standards include adherence to IS 550 and IS 17566:2021 for locks, as well as passing the required testing from NABL accredited laboratories confirming compliance with relevant technical specifications.
Bidders must comply with all specified technical and financial requirements, including the provision of local content certifications if claiming preference under the 'Make in India' initiative.
No Earnest Money Deposit (EMD) is required for this bid, as specified in the tender documentation.
While an ePBG (Earnest Performance Bank Guarantee) is typically not required in this case, bidders should confirm any operational requirements that may arise during contract execution.
Payment terms will be detailed post-selection but generally involve milestone payments based on shipment and delivery as per the contract.
Prices will be evaluated based on total value-wise assessment, wherein competitive pricing will play a significant role along with compliance to technical specifications.
All documents must be submitted by the specified bid end date, and any technical clarifications must be addressed within the stipulated time allowed during evaluation.
The evaluation process will involve a total value wise assessment, where bids are reviewed based on technical eligibility, financial soundness, past performance, and compliance with the specifications outlined.
Notification of the results will typically be communicated through the GeM portal after the conclusion of the evaluation process, with detailed feedback provided to successful bidders.
MSEs may avail purchase preferences and are exempt from certain experience and turnover criteria, encouraging their participation in government tenders.
No exemptions are available for startups in terms of experience and turnover requirements, aligning with traditional procurement policies.
The tender ensures compliance with local content requirements and promotes procurement preferences for domestic manufacturers as stipulated in the MII guidelines, benefitting eligible local suppliers.